CBN cuts Interest Rate again to 26.5%

Other key parameters were left unchanged, with the Cash Reserve Ratio retained at 45 per cent for commercial banks and 16 per cent for merchant banks, the Liquidity Ratio held at 30 per cent, and the standing facilities corridor maintained at +50 and –450 basis points around the MPR.

  News   Feb 24, 2026   0   17  Add to Reading List
CBN cuts Interest Rate again to 26.5%
Other key parameters were left unchanged, with the Cash Reserve Ratio retained at 45 per cent for commercial banks and 16 per cent for merchant banks, the Liquidity Ratio held at 30 per cent, and the standing facilities corridor maintained at +50 and –450 basis points around the MPR.
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